Cheesecake Factory revenue up 15.7% in 2nd Q

CALABASAS HILLS Calif. The Cheesecake Factory Inc. reported second-quarter corporate revenue rose 15.7 percent from a year ago to $373.2 million, but same-store sales for its namesake chain remained challenging.

Same-store restaurant sales increased a scant 0.8 percent at The Cheesecake Factory chain during the quarter ended July 3. Same-store sales at the company’s Grand Lux Cafe brand rose 5.7 percent, boosting the company’s blended same-store sales result to 1.1

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